I.T.A. NO. 1199/LB OF 1986-87, DECIDED ON 23RD MAY, 1997 versus I.T.A. NO. 1199/LB OF 1986-87, DECIDED ON 23RD MAY, 1997
Income Tax Ordinance 1979 Sections 16, 59, 62 and 12 (7) of the Self-Assessment Loan Advance Edition Edition Sideci returned the income under the Self Assessment Scheme ITO which found that the Assisi had taken out an advance loan with his wife, It is required to declare interest under section 12 (7) of it. The ordinance, in which the Assessing Officer was concealed and the matter under section 62 was added to the proceedings, the Assessing Officer had to find out why the Assisi's procedure for concealment was not workable. That its value was declared a loan in the statement of wealth. Since all the facts had been revealed, the end of the authorities was uncertain
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